Results of resolutions passed by Hospitality shareholders in terms of section 60 of the Companies Act, 2008 (“Act”) HOSPITALITY PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/014211/06) JSE share code: HPB ISIN: ZAE000214656 (Approved as a REIT by the JSE) (“Hospitality” or “the Company”) RESULTS OF RESOLUTIONS PASSED BY HOSPITALITY SHAREHOLDERS IN TERMS OF SECTION 60 OF THE COMPANIES ACT, 2008 (“ACT”) Shareholders are referred to the announcement released on SENS on 9 March 2017 regarding the submission to shareholders of a special resolution approving the increase of the authorised share capital and a special resolution in terms of section 41(3) of the Act authorising the Company to issue 30% or more of the Company’s ordinary shares (collectively, “the resolutions”) in terms of section 60 of the Act. Shareholders are advised that the resolutions were approved and adopted by the Company in terms of section 60(2) of the Act. The voting results were as follows: % of shares voted relative to the total number Resolution Number of of shares in proposed shares voted2 issue 2,3 For1 Against1 Abstained1 Special Resolution 1 - Approval to 134 739 increase the authorised share 298 712 352 being capital 298 847 091 91.08% being 99.95% 0.05% Nil Special Resolution number 2 - Authorisation to issue 30% or 5 485 793 more of the Company’s 293 361 298 being ordinary shares 298 847 091 91.08% being 98.16% 1.84% Nil 1. In relation to the total number of shares voted. 2. Including abstentions. 3. Based on the number of shares in issue on 3 March 2017, being 328 132 663 shares (which excludes 2 377 256 ordinary shares, due to dissenting shareholder rights having been exercised). Hospitality will deliver a statement in accordance with section 60(4) of the Act to shareholders in due course. 19 April 2017 Sponsor Java Capital Date: 19/04/2017 12:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.